π Venture with Hesus - Damola and The AXA Story π§
π With less than 1% insurance penetration and βthe blood of Jesusβ often cited as coverage, Africaβs relationship with risk is deeply rooted in culture β not contracts.
π In this episode, we unpack:
β’ πΏ How faith, trust and tradition shape customer behaviour β and why insurance often loses to religion in the battle for belief
β’ π± How embedded insurance in Telcos and FinTechs is unlocking access for millions, quietly integrating coverage into everyday transactions
β’ β‘ The rise of Parametric Insurance: faster, transparent, and trust-first β perfect for markets where legacy claims processes eroded confidence
β’ π Why African InsurTechs are quietly leading the way β and why solutions tested in Nigeria might soon scale to Jakarta or Mumbai
β’ π‘ How microinsurance products under $1 can stop families from plunging into poverty due to illness, accidents or loss
Adedamola also shares battle-tested lessons from selling insurance on the streets of Lagos to managing innovation at one of the continentβs largest Insurers β and why solving African problems could unlock global solutions.